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Salesforce clarifies Moonhub shutdown, partial team acquisition | JQJO

Salesforce clarifies Moonhub shutdown, partial team acquisition

Salesforce clarifies Moonhub shutdown, partial team acquisition

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Initial reports indicated Salesforce acquired AI-powered recruitment startup Moonhub. However, Salesforce clarified that Moonhub is shutting down, and only some of its team will join Salesforce. Moonhub, founded in 2022, raised $14.4 million and boasted hundreds of Fortune 500 clients. This acquisition follows Salesforce's recent purchases of Informatica and Convergence.ai, demonstrating its aggressive pursuit of AI-driven technologies in the HR and data management sectors. The terms of the Moonhub transition remain undisclosed.

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